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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM G.6 (For Immediate Release) August 13, 1956 BANK DEBITS TO DEMAND DEPOSIT-ACCOUNTS Bank debits to demand, deposit accounts, except interbank and Government accounts, as reported by banks in 344 leading centers for the month of July aggregated $l8l billion. During the past three months debits amounted to $553 billion or 9.1 per cent above the total reported for the corresponding period a year ago. At banks in New York City there was an increase of 9*2 per cent compared with the corresponding three-months period a year ago; at 6 other centers the increase was 7.5 per cent; and at 337 other centers it was 9.8 per cent. Preliminary estimates of the annual rates of turnover of demand deposits in July are 45-9 at New York City, 29.7 at 6 other centers, and 22.4 at 337 other centers. SUMMARY BY FEDEBAL RESERVE DISTRICTS (In millions of dollars) Federal Reserve District Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco July 1956 7,327 70,896 7,556 12,823 6,925 7,582 27,148 5,020 3,295 7,211 7,685 17,815 Total, 344 reporting centers New York City 6 other centers* 337 other centers 181,284 65,873 38,653 76,757 July 1955 6,167 63,477 3 months ended -July I955~T~July 1955 19,733 202,904 21,715 35,005 19,207 6,625 6,724 .15,053- 22,271 221,336 23,733 39,123 21,059 22,938 81,936 15,057 9,903 21,242 22,882 51 161,748 58,904 34,123 68,721 553,407 206,058 116,356 210.993 507,379 188,750 6,902 11,808 6,203 6,828 24,578 4,503 2,881 20,812 77,490 14,051 9,013 20,044 20.684 46:723 108,261 210.368 DEBITS BY BANKS IN EACH REPORTING CENTER (In thousands of dollars) July 1956 July 1955 3 conths ended — July 195^~ I July 1955 DISTRICT NO. I - BOSTON Hartford Conn. 1,007,537 2,651,576 3,056,517 842,456 It New Haven 936,838 395,457 306.036 1,136,505 ft New London 151,411 71,003 205,792 57,473 ft Waterbury 107,692 305,763 89,594 339,623 Bangor Maine 180,495 68,895 206,766 59,914 It Lewiston-Auburn 40,333 115,332 36,275 125,345 tl Portland 130,544 115,247 351,774 382,522 Boston Mass, 3,898,131 3,267,639 11,869,111 10,527,692 n Brockton 68,049 207,401 56,159 184,177 n Fall River 57,107 51,940 187,649 11 Holvoke 49,430 40,062 150,865 Lawrence-Andover-Me ien Mass. 64,351 170,167 52,373 191,780 Lowell Mass. 62,084 167,243 50,288 192,289 11 Lynn 59,837 166,259 51,066 183,428 It New Bedford 65,410 200,310 64,667 212,947 ft Pittsfield 53,780 126,711 43,451 149,489 ft Springfield 261,124 221,694 729,876 789,811 If Worcester 226,764 654,342 202.037 725,963 Concord N. H. 90,823 29,349 28,173 93,856 II Manchester 74,998 213,832 67,272 228,585 Providence R. I. 489,716 428,154 1,508,453 1,397,691 Burlington Vt. 45.217 1 . o f K ^4.756 J£2a££5 * Boston, Philadelphia, Chicago, Detroit, San Francisco, and Los Angeles. mm 0.6a DEBITS BY BANKS IN EACH REPORTING CENTER (In thousands of dollars) DISTRICT NO. 2 - NEW YORK Conn. Bridgeport 11 Stamford Elizabeth N. J. ft Jersey City 11 Montclair If Newark It Paterson-Passaic N. Y. Bingharaton II Buffalo II Elmira ft Jamestown If New York It Poughkeepsie If Rochester II Schenectady II Syracuse II Utica July 1956 July 1955 259,849 98,830 180,624 471,011 54,490 1,112,261 413,535 88,828 981,089 65,290 47,673 65,873,462 74,073 569,631 108,317 366,247 131,052 234,366 88,855 165,588 416,912 49,000 1,052,616 350,661 84,645 910,430 57,2,82 44,610 58,904,194 68,088 530,781 94,061 309,718 115,568 3 months ended — July 1956 I July 1955" 789,236 289,392 546,666 1,447,913 169,580 3,430,404 1,240,682 271,916 3,019,476 195,817 152,483 206,058,415 229,612 1,655,898 326,460 1,111,910 399,957 705,340 264,876 491,000 1,366,053 159,598 3,396,537 1,098,465 255,117 2,696,811 181,690 148,750 188,749,625 210,274 1,550,275 286,492 976,306 367,243 DISTRICT NO. 3 - PHILADELPHIA Wilmington Del. Atlantic City N. J. 11 Camden Trenton " Allentown Pa. Altoona " Bethlehem " " Chester 11 Harrisburg Hazleton " Johnstown " Lancaster " Lebanon " Norristown " Philadelphia " Reading " Scranton " Wilkes-Barre " Williamsport " York " 493,678 95,040 254,116 293,835 126,872 43,189 53,060 70,767 188,175 33,708 59,266 101,831 27,089 54,865 5,143,983 154,495 130,261 89,765 35,44? 106,994 472,721 84,322 224,605 285,961 111,511 37,130 50,089 64,294 159,518 25,190 53,939 89,532 22,968 48,281 4,701,595 140,953 111,558 78,029 36,492 1,456,195 237,737 691,686 833,203 340,849 11.6,842 158.516 199,630 501,826 84,794 159,872 278,560 72,469 147,143 14,951,164 448,961 355,258 255.517 103,292 1,533,411 269,632 753,249 903,827 391,150 130,834 163,897 220,305 553,632 98,253 184,576 315,411 81,086 165,380 16,363,895 481,103 396,679 269,470 115,135 342,159 DISTRICT NO. 4 - CLEVELAND Ky. Covington-Newport II Lexington Ohio Akron II Canton f t Cincinnati 1 1 Cleveland II Columbus II Dayton I I Hamilton I I Lima I I Lorain I I Mansfield 1 1 Middletown It Portsmouth I t Springfield I I Steubenville I I Toledo I t Warren II Youngstown It Zanesville 64,080 86,843 491,134 188,773 1,564,359 3,425,043 967,821 464,857 74,235 68,109 37,045 85,825 64,598 29,533 75,670 36,091 590,524 80,956 260,412 41,065 63,432 82,913 416,792 169,738 1,395,371 2,993,216 821,843 398,189 63,860 74,922 32,251 75,731 56,914 31,519 70,299 34,039 572,153 74,993 211,875 37,435 186,401 266,247 1,433,113 562,149 4,701,558 10,187,427 2,802,276 1,354,253 218,844 202,783 108,605 255,266 183,015 94,057 220,724 115,875 1,823,182 247,921 763,237 123,419 185,698 250,793 1,284,796 511,411 4,287,702 9,043,611 2,391,239 1,207,853 191,558 220,009 96,214 221,457 107,528 317,062 176,082 98,076 200,413 99,843 1,767,396 220,502 678,117 113,379 G.6b DEBITS BY BANKS IN EACH REPORTING CENTER (In thousands of dollars) July 1956 DISTRICT NO. 4 Butler Erie Franklin Greensburg Oil City Pittsburgh Sharon Wheeling CLEVELAND (Cont'd) Pa. 56,20k 152,080 8,774 35,610 24,771 3,726,161 W. Va. DISTRICT NO. 5 - RICHMOND Washington D. C. Baltimore Md. ft Cumberland II Frederick II Hagerstown Asheville N. C. II Charlotte Yl Durham II Greensboro II Kinston II Raleigh It Wilmington II Wilson It Winston-Salem Charleston S. C. II Columbia It Greenville II Spartanburg Va. Charlottesville 11 Danville it Lynchburg Newport News 11 Norfolk it Portsmouth 1 1 Richmond Roanoke W. Va Bluefield 11 Charleston 11 Clarksburg 1 1 Huntington it Parkersburg DISTRICT NO. 6 - ATLANTA Anuiston Ala. it Birmingham Dothan Gadsden Mobile Montgomery Jacksonville Fib. II Miami Orlando Pensacola St. Petersburg Tampa 4l,4$l 80,758 July 1955 3 months ended July 1956 I July 1955" 47,781 170,731 141,647 452,751 8,064 27,933 31,048 101,993 21,375 80,517 3,760,210 12,059,447 127,904 40,712 251,217 79,307 150,568 428,365 25,833 90,095 69,473 10,628,449 120,154 246,019 1,1+96,286 1,739,077 32,457 25,186 51,426 74,546 425,368 88,408 168,895 22,354 233,533 54,307 20,319 178,386 92,575 187,060 132,415 68,932 38,259 39,321 59,116 62,4l6 323,340 37,897 731,492 158,757 53,488 170,190 39,199 83,659 35,994 1,315,904 1,550,938 25,968 21,857 49,630 67,270 380,817 88,710 159,393 23,480 186,089 53,339 21,019 157,107 83,378 194,557 122,911 60,073 37,680 35,770 52,501 54,917 293,334 34,693 636,584 138,338 43,205 166,548 36,958 73,567 36,266 4,492,913 5,387,651 90,574 80,996 150,272 224,994 1,292,407 264,832 499,774 4,076,956 4,898,913 83,410 72,197 139,448 197,043 682,675 164,638 601,308 36,161 587,678 21,748 31,099 240,089 127,188 557,589 628,583 124,793 71,809 126,974 33,738 561,705 116,806 1,910,565 29,424 92,736 739,192 384,348 1,734,609 1,832,694 399,625 223,476 380,156 805,162 20,020 208,175 115,831 501,537 553,126 112,119 64,112 118,459 SiV.Qli. 66,811 62,001 563,934 278,007 577,433 422,073 209,370 121,375 123,579 184,058 194,399 965,681 114,705 2,143,447 485,032 173,426 545,394 124,182 261,388 111,369 69,102 1,209,322 257,290 456,323 67,425 159,147 57,466 509,374 249,496 562,242 383,176 188,314 114,673 112,606 166,443 171,321 895,672 109,788 1,989,193 408,396 136,804 499,758 110,546 220,138 102,318 100,134 1,655,789 59,811 86,121 707,221 353,946 1,591,613 1,548,185 346,871 188,318 346,166 699,92* G.6C DEBITS BY BANKS IN EACH REPORTING CENTER (In thousands of dollars) July 1956 DISTRICT NO. 6 - ATLANTA (Cont'd) Albany Ga. 49,591 ft Atlanta 1,516,757 II Augusta 86,586 1 1 Brunswick 17,252 II Columbus 87,414 It Elberton 7,220 I I Macon 99,076 It Newnan 13,651 II Savannah 145,638 II Valdosta 27,114 Baton Rouge La. 179,481 11 Lake Charles 73,099 tt New Orleans 1,200,458 Battlesburg Miss. 27,374 II Jackson 199,311 II Meridian 34,250 I I Vicksburg 16,856 Chattanooga Tenn. 267,211 II Khoxville 149,441 II Nashville 583,102 DISTRICT NO. 7 - CHICAGO Aurora 111. 11 Bloomington I I Champaign-Urbana I I Chicago I t Danville 11 Decatur II Elgin t t Joliet Moline-East MolineIt Rock Island I t Peoria I I Rockford 1 1 Springfield Fort Wayne Ind. It Gary II Hammond It Indianapolis I I Lafayette t t Muncie I I South Bend It Terre Haute Burlington Iowa II Cedar Rapids II Clinton I t Davenport I I Dee Moines 1 1 Dubuque 11 Mason City I I Muscatine I t Ottumwa tt Sioux City II Waterloo July 1955 3 months ended — July 1956 | July 1933" 15,373 227,559 161,374 509,032 154,467 4,524,929 276,335 53,062 284,462 21,235 313,399 41,967 441,525 76,647 511,065 225,724 3,564,052 83,430 574,858 103,223 50,264 788,410 465,379 1,695,285 60,479 58,658 62,621 13,740,077 50,381 108,752 40,071 75,389 54,824 59,817 61,476 12,075,472 52,826 113,408 35,947 68,757 189,217 187,114 196,860 41,170,676 155,438 338,261 119,772 236,037 94,649 222,109 171,075 117,018 245,796 108,105 72,414 1,087,259 67,752 72,429 183,657 82,839 25,449 123,673 21,343 104,105 447,559 52,712 40,325 12,959 33,002 137,001 83,721 89,370 202,238 162,892 104,495 216,468 104,306 64,386 983,737 57,841 64,930 176,587 74,570 25,202 107,388 23,576 99,061 424,992 50,272 40,779 13,017 30,259 133,591 81,039 290,754 680,551 526,577 347,447 732,485 344,474 212,823 3,150,938 188,953 220,503 576,150 248,251 77,455 379,021 69,683 317,379 1,359,480 165,675 125,511 41,653 96,364 410,082 265,975 47,332 1,365,488 86,981 14,535 90,347 4,804 97,231 13,101 129,422 25,907 155,063 66,345 1,031,524 24,567 179,953 30,606 142,440 4,219,872 275,296 42,965 270,372 15,166 290,993 36,209 407,151 70,604 473,061 202,109 3,209,448 71,268 537,917 92,622 48,674 702,430 495,097 1,532,933 165,246 185.514 186.515 38,115,822 150,032 332,588 107,974 212,764 276,345 620,955 474,452 325,448 662,590 310,630 195,701 2,898,918 175,086 207,657 559,447 236,054 76.937 330,829 71,393 291,507 1,308,618 159,806 124,992 40,196 88.938 412,057 252,282 G.6a DEBITS BY BANKS IN EACH REPORTING CENTER (In thousands of dollars) July 1956 DISTRICT NO. 7 - CHICAGO (Cont'd) Mich. Adrian 28,727 It Battle Creek 73,535 Bay City 54,569 Detroit 5,965,461 Flint 148,220 Grand Rapids 315,929 Jackson 87,179 II Kalamazoo 144,500 II Lansing 142,356 Muskegon 83,050 Port Huron 41,758 Saginaw 121,590 Wis. Green Bay 94,045 11 Kenosha 49,641 Madison 158,868 Manitowoc 34,687 Milwaukee 1,612,800 Oshkosh 36,411 Racine 84,577 Sheboygan 67,113 DISTRICT NO. 8 - ST. LOUIS El Dorado Ark. Fort Smith " " Helena Little Rock " Pine Bluff Texarkana (See Tex.) " Alton 111. E. St. Louis & Nat. Stock Yds. 111. Quincy Ind. Evansville Ky. Louisville II Owensboro Paducah Miss. Greenville Mo. Cape Girardeau Hannibal Jefferson City St. Louis Sedalia Springfield Tenn. Jackson II Memphis 30,253 57,444 7,830 198,800 33,860 21,475 37,259 138,239 39,625 194,194 871,642 46,153 26,026 25,842 17,390 10,797 89,810 2,317,567 15,792 96,328 27,689 715,825 DISTRICT NO. 9 - MINNEAPOLIS Duluth Mankato Minneapolis Red Wing Rochester St. Cloud St. Paal South St. Paul Winona Minn. II It It It II II II II 148,775 28,022 1,632,947 7,061 39,083 22,450 692,401 July 1955 3 months ended — July 1956 I July 1955 23,346 73,256 50,439 5,791,468 167,227 291,064 87,053 119,326 151,739 8o,6o4 42,062 118,322 79,402 49,293 141,190 31,475 1,261,182 33,939 76,769 55,807 77,507 223,251 159,258 18,475,829 461,069 974,970 266,045 444,783 456,562 262,907 129,726 359,664 285,363 162,800 491,238 99,357 4,612,806 112,792 267,766 190,319 71,434 214,845 146,541 18,801,312 509,043 912,357 273,060 372,819 455,038 246,407 122,613 348,160 247,258 151,188 459,922 93,120 3,988,444 105,810 245,056 168,431 28,803 55,958 7,011 164,337 30,874 20,413 37,947 113,740 37,643 177,258 771,766 42,513 94,061 170,766 24,731 587,017 110,388 67,048 124,916 411,383 119,850 545,612 2,614,198 142,702 82,103 79,805 51,019 32,448 241,607 7,054,179 49,162 273,836 86,140 2,094,038 90,096 160,911 22,430 530,564 92,836 60,073 117,934 371,642 121,201 527,351 2,394,236 129,327 82,085 77,895 44,533 29,803 203,993 6,601,735 45,808 254,014 67,495 2,024,763 485,903 87,359 4,877,707 22,030 109,930 65,693 2,115,090 443,640 78,971 4,450,532 19,359 95,752 58,351 1,897,466 202,279 60,799 26,720 25,816 15,023 10,187 72,504 2,101,238 15,527 81,037 21,298 645,230 127,551 26,750 1,422,459 6,286 33,620 20,045 602,200 62,469 19,027 207,000 65,928 G.6e DEBITS BY BANKS IK EACH -REPORTING CENTER (In thousands of dollars) July 1956 DISTRICT NO. 9 - MINNEAPOLIS (Cont'd) Mont, Billings 80.783 ft Butte 61,095 Great Falls 63,621 Helena 38,798 N. Dak. Bismarek 22,34% If Dickinson 5,762 II Fargo 73,447 II Grand Forks 26,387 II Jamestown 8,477 Minot 25,246 Aberdeen S. Dak. 23,862 H Sioux Falls 88,010 wis. Eau Claire 44,356 tt La Crosse 53.784 Superior 19,439 DISTRICT NO. 10- KANSAS CITY Colorado Springs Colo. Denver " Grand Junction " Greeley " Pueblo " Atchison Kans. Dodge City Emporia Hutchinson Independence Kansas City Lawrence Manhattan Parsons Pittsburg Salina Topeka Wichita Independence Mo. If Joplin Kansas City St. Joseph Fremont Neb. Grand Island Hastings Lincoln Omaha Albuquerque N. M. ft Santa Fe Bartlesville Okla. II Enid Guthrie Lawton Muskogee Norman Oklahoma City Okmulgee Ponca City Tulsa Casper Wyo. It Cheyenne 85,275 1,010,830 34,074 27,240 71,014 14,819 15,792 14,995 47,423 10,379 114,776 18,085 15,407 9,086 14,967 54,489 148,959 419,611 17,862 41,022 1,694,608 116,346 24,523 27,372 19,193 132,261 729,784 180,453 50,847 267,709 56,110 5,287 22,867 36,213 11,987 576,130 9,120 30,025 939,885 July 1955 3 months ended — July 195^ I July 1955 67,980 51,960 54,014 34,449 20,940 5,457 64,896 22,908 7,655 21,019 21,289 86,525 40,026 45,286 15,878 234,272 187,121 181,902 111,370 69,170 18,040 201,874 77,342 23,965 72,342 72,444 250,913 143,394 166,140 55,804 210,328 156,029 165,168 110,653 64,069 16,479 188,702 70,374 22,179 61,876 66,233 254,832 128,459 141,093 49,213 79,886 869,385 34,869 27,363 69,770 11,615 15,841 13,956 61,407 10,161 103,093 17,884 15,075 9,355 13,294 67,758 130,715 401,894 16,549 37,666 1,618,307 107,305 22,543 29,132 19,468 126,596 660,844 155,627 44,789 244,798 54,670 5,450 19,739 29,949 11,164 504,964 8,923 27,432 831,767 54,059 40,386 252,768 3,047,618 101,922 84,992 211,840 41,602 45,659 42,910 138,765 33,514 343,933 53,739 45,700 27,169 47,099 132,369 440,411 1,219,672 54,063 122,957 4,826,753 330,153 73,885 85,656 58,893 396,360 2,136,508 530,417 141,596 860,175 167,243 16,738 69,402 103,925 39,033 1,704,393 26,901 85,467 2,811,608 239,457 2,753,206 105,691 88,681 203,733 34,353 43,864 36,650 148,000 30,704 315,597 53,398 42,628 26,595 39,285 142,628 398,229 1,195,323 52,441 109,351 4,725,743 317,916 70,056 88,816 59,580 391,030 2,045,915 469,353 134,038 698,227 145,666 15,748 58,370 89,534 34,995 1,563,137 26,712 81,415 2,698,214 157,162 112,437 G.6f DEBITS BY BAMS IK EACH REPORTING CENTER (In thousands of dollars) July 1956 DISTRICT NO. 11 - DALLAS Tucson Ariz. Monroe La. !! Shreveport Roswell N. M. Abilene Tex. It Smarillo n Austin Beaumont tt Corpus Christ! tt Corsicana tt Dallas it 31 Paso tt Fort Worth tt Galveston tt Houston H Laredo I* Lubbock It Port Arthur It San Angelo It San Antonio Texarkana (See Ark.) " It Tyler II Waco ft Wichita Falls 160,891 61,678 251,864 27,332 74,292 164,824 162,673 139,476 180,448 15,343 2,137,912 231,454 708,500 89,122 2,269,622 20,553 113,614 55,353 44,394 492,529 20,068 75,960 86,054 101,381 DISTRICT NO. 12 - SAN FRANCISCO Ariz. Phoenix 397,360 Calif. Bakersfield 130,887 It Berkeley 119,149 tt Fresno 193,952 It Long Beach 380,755 II Los Angeles 5,617,646 It Modesto 68,724 It Oakland 686,920 11 Pasadena 216,948 It Riverside 93,404 II Sacramento 753,737 11 San Bernardino 117,831 11 San Diego 573,568 It San Francisco 4,288,099 It San Jose 249,058 It Santa Barbara 74,018 II Santa Rosa 36,653 It Stockton 94,478 Idaho Boise 103,673 Nev. Reno 86,782 Ore. Eugene 81,302 II Portland 939,533 II Salem 91,140 Utah Ogden 73,548 II Salt Lake City 420,815 Wash. Bellingham 36,223 It Everett 55,105 It Seattle 1,262,977 It Spokane 255,501 It Tacoma 219,672 II Walla Walla 34,628 11 Yakima 61,132 July 1955 122,804 56,084 240,314 26,321 65,719 154,243 127,372 112,520 163,012 14,787 1,915,427 209,551 592,422 79,985 1,890,693 21,448 115,636 51,580 42,988 451,672 17,751 72,537 85,355 93,636 328,966 115,637 106,691 168,822 304,222 4,880,340 65,035 557,708 169,604 73,782 610,448 95,007 436,849 3,406,277 204,789 56,715 32,489 85,705 86,297 73,191 83,975 859,527 91,189 63,351 355,001 36,943 46,149 1,139,421 229,934 193,596 28,453 66,545 3 months ended— July 1956" July 1955 471,679 184,583 807,137 81,273 224,262 486,131 452,337 410,274 522,719 44,542 6,306,400 725,349 2,035,402 263,070 6,805,974 68,953 351,443 166,267 132,997 1,491,562 59,611 224,846 261,783 303,259 386,417 170,047 730,624 81,152 201,968 457,246 408,690 368,876 492,163 41,473 5,866,935 646,667 1,808,666 236,701 5,862,578 66,288 359,131 163,880 132,209 1,400,705 52,847 211,412 251,986 285,373 1,151,117 398,891 349,046 583,434 1,060,775 16,626,495 206,669 1,936,148 1,005,112 343,743 319,073 517,781 928,970 15,385,193 200,853 1,682,732 519,685 228,748 2,310,462 289,516 1,305,569 10,480,195 608,255 598,216 281,243 2,617,383 338,662 1,638,111 11,849,667 687,176 219,505 110,792 277,631 295,109 242,456 251,528 2,797,346 285,767 218,620 1,231,285 109,540 166,805 3,694,537 770,873 654,766 91,678 186,967 171,820 98,966 259,966 257,998 215,331 239,670 2,498,869 247,594 195,933 1,144,269 108,728 145,603 3,434,906 708,455 595,568 83,650 189,285
@FedFRASER